Capital Gains

This query is : Resolved 

23 September 2019 Client has 3 residential apartments. Two of which are 100% owned and one in co-owned with wife. He is selling the house which is co-owned and making a decent capital gain after indexation. Can these proceed be invested to buy another house of any other investment to claim capital gain exemption under any of the sections 54

23 September 2019 Capital gain exemption under sections 54 available.


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